Multiple Choice
If the price level rises,what happens to the level of real GDP supplied?
A) It will decrease in both the short run and the long run.
B) It will decrease in the short run but not in the long run.
C) It will increase in both the short run and the long run.
D) It will increase in the short run but not in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
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